The price of WhaleRoom has fallen by 0 in the past 7 days. The price declined by 0 in the last 24 hours. The current price is €0.375 per WHL. WhaleRoom is ∞% below the all time high of €0.00.
The current circulating supply is 0 WHL.
What is WhaleRoom (WHL)?
WhaleRoom is a distinctive social platform designed for tokenized communities. Launched on February 16th, 2021, it uses the Ethereum ERC-20 token standard and was introduced through a decentralized exchange fair launch without an ICO or team allocation. The platform's mission is to enable blockchain and crypto enthusiasts, along with various token-based communities such as crypto teams, NFT projects, creators, DAOs, and brands, to create and engage in token-gated rooms. These rooms are dedicated spaces for conducting and sharing research and networking within the crypto realm.
The platform also incorporates a loyalty game where staking WHL tokens can yield usage discounts and other benefits. Members can choose between different tiers, such as Base, Pro, Prime, and Apex, each offering varying levels of access and discounts on room hosting and research usage fees. Additionally, WhaleRoom is continually enhancing its infrastructure to include social and on-chain analytics, aiming to improve the user experience for its community members.
How does WhaleRoom (WHL) work?
WhaleRoom operates as a token-gated community where members must hold a certain amount of WHL or WHLC tokens to access different tiers of benefits. The platform offers a maximum community capacity of 10,000 members at any given time. Users can host their own token-gated rooms and utilize WhaleRoom's research tools by paying in WHL or staking WHL. This system allows for the creation of private, focused communities centered around various topics and projects, facilitated by the Sentr3 infrastructure. Sentr3 is an innovative platform designed to empower businesses and event organizers in managing token-gated experiences. Essentially, it allows for the creation and oversight of exclusive content, events, or other unique encounters accessible only to specific token or NFT holders. This token-gating method offers a distinct way to enhance customer loyalty and engagement.
The tokenomics of WhaleRoom include a maximum supply of 1 million WHL tokens, all of which are circulating in the market. Approximately 50% of this supply is staked, and another portion is locked in community LP locks. The use of WHL tokens ranges from accessing the WhaleRoom community to leveraging the platform's tools and participating in the loyalty game.
WhaleRoom offers a unique approach to creating token-gated communities, providing a secure and interactive space for crypto enthusiasts and various token-based groups. Its use of social tokens and tiered access system makes it an innovative player in the Web3 technology landscape, catering to the evolving needs of the next generation of crypto communities.
What makes WhaleRoom (WHL) unique?
WhaleRoom stands out in the crypto space for several reasons:
Token-Gated Community Platform: It is a social platform specifically designed for tokenized communities. This means that access to different community rooms and features within WhaleRoom is gated by ownership of its native tokens - WHL or WHLC. This unique approach ensures that the platform is used by genuine, interested parties, creating a focused and engaged community environment.
Exclusive Membership Access: The platform limits its community to a maximum of 10,000 members at any given time. This exclusivity ensures a high-quality user experience and fosters a sense of community among members.
Flexible Community Engagement: Members can host their own token-gated rooms and leverage WhaleRoom's research tools by using WHL tokens. This flexibility allows users to create communities around specific interests or projects, fostering niche discussions and networking opportunities.
Loyalty and Rewards System: WhaleRoom introduces a loyalty game where staking WHL tokens can yield usage discounts and other benefits. Different membership tiers, such as Base, Pro, Prime, and Apex, offer varying levels of access and discounts on room hosting and research usage fees. This structure incentivizes active participation and loyalty to the platform.
Sentr3 Infrastructure Integration: WhaleRoom utilizes the Sentr3 infrastructure to build branded research communities, offering a robust and secure environment for community interactions.
The WHL token: Utility & tokenomics
The WHL token: Utility & tokenomics
The WHL token is the native token of the WhaleRoom community. Here's a breakdown of its utility and tokenomics:
Primary Use in the WhaleRoom Ecosystem: WHL tokens are used to access various features within WhaleRoom. They are essential for participating in token-gated rooms and utilizing the platform’s research tools. This usage is central to WhaleRoom's model of creating a focused and engaged community environment.
Membership Tiers: WhaleRoom offers different membership tiers, each requiring a certain amount of WHL or WHLC tokens. These tiers provide varying levels of access and benefits within the platform, such as the ability to host rooms, participate in voting, and access research tools.
Limited Supply and Circulation: The total supply of WHL tokens is capped at 1 million, all of which are in circulation. This fixed supply may potentially help to stabilize the token's value over time.
Loyalty Game and Discounts: By staking WHL tokens, members can participate in WhaleRoom’s loyalty game, which offers usage discounts and other benefits. The system incentivizes active participation and loyalty to the platform.
Trading on Exchanges: WHL tokens can be traded on both centralized and decentralized exchanges. This trading aspect enhances the token's liquidity and accessibility to a broader audience.
Integration with Sentr3: WHL tokens are integrated with Sentr3, a platform for managing token-gated experiences. This integration broadens the use-case of WHL tokens, extending their utility beyond WhaleRoom.
How to buy WhaleRoom (WHL)?
You can simply buy and sell WHL on the Coinmetro exchange in just a few seconds. Sign up for an account, if you are not already registered, deposit funds instantly and buy WHL and 80+ other crypto assets with just a few clicks.
Join the Coinmetro community on Discord and Telegram, where forward-thinking traders and investors gather to share insights, explore new opportunities, and dive deep into the world of cryptocurrencies. Should you need any help, feel free to reach out to our world-class Customer Support Team via 24/7 live chat or email at hello@coinmetro.com.
To become a Coinmetro user today, Sign Up now, or head to our new Exchange if you are already registered and experience our premium trading platform.